# ONCOLYTICS BIOTECH INC (ONCY) — delisting/forced [announced]
Source: SEC API (secapi.ai) · situation sit_94c6d4324950f19094e4 · retrieved 2026-08-11T15:54:04.864Z

## Overview
Oncolytics Biotech Inc. is a pharmaceutical company developing oncolytic virus therapies for cancer treatment.

On July 20, 2026, Oncolytics Biotech Inc. received notice from Nasdaq that its common stock had closed below $1.00 per share for 30 consecutive business days, violating Nasdaq Listing Rule 5550(a)(2). The company was granted a 180-calendar-day compliance period ending January 19, 2027 to regain compliance. If the closing bid price reaches at least $1.00 per share for a minimum of ten consecutive business days during this period, Nasdaq will provide written confirmation and close the matter. If the company fails to regain compliance within the allotted period and does not meet eligibility criteria for an additional 180-day cure period, its stock will be subject to delisting.

## Terms
- Counterparty: Nasdaq Stock Market LLC · Price/share: $1

## Key dates
- Announced 2026-07-24 · Expiry 2027-01-19

## Timeline
- 2026-07-24 · 8-K (0001129928-26-000047): 8-K - ONCOLYTICS BIOTECH INC — *Oncolytics Biotech Inc. is a pharmaceutical company developing oncolytic virus therapies for cancer treatment.* On July 20, 2026, Oncolytics Biotech Inc. received notice from Nasdaq that its common stock had closed below $1.00 per share for 30 consecutive business days, violating Nasdaq Listing Rule 5550(a)(2). The company was granted a 180-calendar-day compliance period ending January 19, 2027 to regain compliance. If the closing bid price reaches at least $1.00 per share for a minimum of ten consecutive business days during this period, Nasdaq will provide written confirmation and close the matter. If the company fails to regain compliance within the allotted period and does not meet eligibility criteria for an additional 180-day cure period, its stock will be subject to delisting.
  https://www.sec.gov/Archives/edgar/data/1129928/0001129928-26-000047.txt

## Citations
- 0001129928-26-000047 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000112992826000047